Advanced Micro Devices, Inc. (NASDAQ: AMD) reported better-than-expected earnings for the second quarter of 2020 as revenues climbed 26%, mainly reflecting strong performance by the Computing and Graphics segment.
The top-line rose to $1.93 billion from $1.53 billion last year and came in above the Street view. Adjusted net income was $0.18 per share, compared to $0.08 per share a year earlier. The bottom-line also exceeded analysts’ forecast.
Net income, including special items, jumped to $157 million or $0.13 per share from $35 million or $0.03 per share in the second quarter of 2019.
Shares of Advanced Micro Devices closed Tuesday’s regular session lower, but made strong gains during the extended session following the earnings announcement.
3D Systems Corp. (NYSE: DDD) Q2 2020 earnings call dated Aug. 05, 2020 Corporate Participants: Jessica Stansell -- Investor Relations Jeffrey A. Graves -- Chief Executive Officer And President Wayne Pensky -- Interim Chief Financial Officer Analysts:
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